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Excuse me, how is the international trade in Yiwu transformed?
Consultant of China Enterprise Going Global Research Center, Ministry of Commerce.

In my opinion, the first step is to strengthen the shareholding system of similar products and introduce strategic investors. The second step is to open a window in the overseas Chinese commodity city to distribute the goods to more areas, which is to subdivide the regional market. The third step is to develop futures products for Yiwu Commodity Index. You can use the expiration of the contract to buy any combination of goods with the same amount, or how to deduct the contract amount with goods. In my opinion, developing commodity index futures can promote commodities and global popularity, killing two birds with one stone. The fourth step is to strengthen products to rise to the middle and high end, sprint to world brands and sprint to luxury goods. The fifth step is to strengthen cooperation with the industry, strengthen supporting cooperation, make Yiwu Commodity City stronger as a whole, and open more windows overseas. The sixth step is to strengthen the insurance, quality improvement, fee increase and international certification of Yiwu small commodities. Seventh, the current profit rate of small commodities is 2%.

We can win support from customs, inspection and quarantine, industry and commerce. The eighth step is to speed up the expansion of Yiwu small commodities into the field of activities, such as building an international small commodity forum, holding an annual meeting, holding seminars, expositions and project exchange meetings on any product or industry product in the world. The ninth step is to strengthen the establishment of Yiwu small commodity monopoly chain group in the world, which is funded by all enterprises in Yiwu small commodity wholesale market and operated in a unified way.

To sum up, I think it is the transformation direction of Yiwu's international trade to strengthen policy clearance, integrate international sales chain and various international activities, improve product quality and grade, and develop futures products.